Texas Insurance Code
§ 822.210 — COMMISSIONER MAY REQUIRE LARGER CAPITAL AND SURPLUS AMOUNTS
IN § 822.210Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part B. ORGANIZATION OF REGULATED ENTITIES · Ch. 822. GENERAL INCORPORATION AND REGULATORY REQUIREMENTS FOR INSURANCE COMPANIES OTHER THAN LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES · Art. E. CAPITAL, SURPLUS, AND GUARANTY FUND REQUIREMENTS
Statute text
View on source(a)The commissioner by rule or guideline may require an insurance company organized under this chapter to maintain capital and surplus in amounts that exceed the minimum amounts required by this chapter because of:
(1)the nature and kind of risks the company underwrites or reinsures;
(2)the premium volume of risks the company underwrites or reinsures;
(3)the composition, quality, duration, or liquidity of the company's investments;
(4)fluctuations in the market value of securities the company holds; or
(5)the adequacy of the company's reserves.
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Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.